Rainbolt v. Strang

Ragan, C.

N. A. Rainbolt sued A. L. Strang in the district court of Douglas county for damages for his failure to purchase of Rainbolt certain certificates of stock of the Norfolk Water-Works Company. Strang’s contract of purchase was in writing and as follows:

“December 4, 1888, for value received, I, A. L. Strang, of Omaha, Nebraska, do hereby agree to purchase and pay for, within ninety days from this date, certificate No. 10 and certificate No. 29, one for five and the other - for four shares, of $100 each, in the Norfolk Water-Works Company, the sum of $300, and on payment of said sum…